Author Archives: SRRF

In View of CSR would foreign controlled Indian companies still be treated as foreign source?

Posted on August 4, 2014 by SRRF

Dear Sir, Many companies in India have foreign shareholding more than 50% due to liberalization of FDI policy. These would be “foreign source” as per section 2(1)(vi) of FCRA. Receipt of donation/contribution by NGO (not registered under FCRA) directly or … Continue reading →

Posted in FCRA, TAX, LEGAL | 9 Comments

Change in Registered Office

Posted on July 25, 2014 by SRRF

Dear SRRF partners, kindly give answer to the following query. At the time of registration of a Trust or a Society, all will not have their own buildings for the offices. They will provide the address where the Founder presently … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Treatment of contribution received for workshop.

Posted on July 18, 2014 by SRRF

Dear Sir, We are organizing a workshop on solid tumor (a type of cancer) in which we are expecting the participants from all over India. We will charge registration fee only. We will do all expenses like providing accommodation, to and fro train … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

Clarifications provided by Government regarding CSR

Posted on July 16, 2014 by SRRF

Recently Ministry of Corporate Affairs has issued a circular further clarifying the scope of CSR activities. It states that Schedule VII is to be interpreted liberally so as to capture the essence of services included in Schedule VII. The circular … Continue reading →

Posted in CSR / SSE | Comments Off on Clarifications provided by Government regarding CSR

Clarification about filing NGO Tax Return

Posted on July 15, 2014 by SRRF

Dear sir, Our NGO registered under societies Act is working since 2005 , We does not take any financial contribution. NGO activities mostly related to awareness building and advocating efficient water use practices & educating primary class students and village … Continue reading →

Posted in FCRA, TAX, LEGAL | 5 Comments

BUDGET-2014 CHANGES IMPACTING NGO SECTOR

Posted on July 11, 2014 by SRRF

Budget is generally a disappointment for the NGO community, with only a very few benefits. CSR expenditure of companies not to be tax deductible. Thus a big disappointment for companies, who now may resort to camouflage it under other sections. … Continue reading →

Posted in General | 4 Comments

Is FIRC necessary, if funding agency based in India?

Posted on July 3, 2014 by SRRF

Dear Sir, If a Funding Agency based in India gives Donation to us in our FCRA Account, since the source of Funding is Foreign based. The transfer of money will be from their FC Account to our FC Account through RTGS. Do we … Continue reading →

Posted in FCRA, TAX, LEGAL | 6 Comments

Democratic India must show maturity in dealing with Dissent

Posted on June 30, 2014 by SRRF

For last week or so, media, both print as well as electronic, has been abuzz with how Indian NGOs are trying to sabotage the Indian economy by decelerating economic pace, as if they are the neo Jaichands in the new … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Less activism, more research

Posted on June 30, 2014 by SRRF

www.thehindu.com · Since all NGOs are required to be registered within the same set of laws, legally and in public perception, think tanks and the more activist NGOs are often perceived to be the same The geneis of present so-called … Continue reading →

Posted in General | Comments Off on Less activism, more research

Limited legal protection for Indian pedestrians is inadequate

Posted on June 20, 2014 by SRRF

Dear Friends, Legally, there are some avenues that offer protection to pedestrians, including the Motor Vehicles Act (1988); the Indian Penal Code (1860), which provides for the penalizing of rash driving by motorists who put pedestrians at risk; and the … Continue reading →

Posted in Pedestrian safety | 6 Comments